Economic Growth

I.M.F. Independence Matters

  • By
  • Douglas Rediker,
  • New America Foundation
  • and David Gordon, Head of Research, Eurasia Group
April 17, 2012 |

The International Monetary Fund has been at the center of global financial stability since its creation after World War II. In the last year it has played a central role in reducing the risk of a European financial meltdown. At the fund’s spring meetings this week, the question of whether to bolster I.M.F. resources will dominate the agenda. Yet in reality the I.M.F. faces a much greater challenge that could render additional financing a sideshow: an erosion of market belief in I.M.F. financial analysis.

I.M.F. Independence Matters

  • By
  • Douglas Rediker,
  • New America Foundation
  • and David Gordon, Eurasia Group
April 17, 2012 |

The International Monetary Fund has been at the center of global financial stability since its creation after World War II. In the last year it has played a central role in reducing the risk of a European financial meltdown. At the fund’s spring meetings this week, the question of whether to bolster I.M.F. resources will dominate the agenda. Yet in reality the I.M.F. faces a much greater challenge that could render additional financing a sideshow: an erosion of market belief in I.M.F. financial analysis.

Private Empire

May 1, 2012

In Private Empire Steve Coll investigates the largest and most powerful private corporation in the United States, revealing the true extent of its power. ExxonMobil’s annual revenues are larger than the economic activity in the great majority of countries. In many of the countries where it conducts business, ExxonMobil’s sway over politics and security is greater than that of the United States embassy. In Washington, ExxonMobil spends more money lobbying Congress and the White House than almost any other corporation. Yet despite its outsized influence, it is a black box.

Economic Growth Program Releases New Report on Manufacturing

April 18, 2012

Washington, D.C. --  American policymakers are beginning to catch on: The domestic manufacturing industry is modernizing, and as a result transforming the economy.

The Real Bad Guy in the E-Book Price Fixing Case

  • By
  • Barry C. Lynn,
  • New America Foundation
April 12, 2012 |

This week, the Obama administration’s Justice Department struck a great legal blow against our open market for books, and indeed against open markets in America. Even though online retailer Amazon has captured more than 50 percent of many key book markets—like the one for e-books—antitrust enforcers brought suit not against this vast and swelling monopolist but against the publishers who are the victims of Amazon’s power.

Their supposed crime? To do what is most normal in any real market: insist on the right to price your own product.

The Pain in Spain

April 10, 2012

The eurozone crisis has re-emerged with rising borrowing costs in Italy and Spain and increasing concerns about the prospects for growth.

Arabs' Economic Malaise Demands Local Solutions

  • By
  • Afshin Molavi,
  • New America Foundation
April 2, 2012 |

Over the past year, the European Bank for Reconstruction and Development (EBRD) has added four new target countries to its mandate: Egypt, Jordan, Morocco and Tunisia. The development body founded in the aftermath of the 1989 European revolutions and the end of communism has been investing across eastern and central Europe and Central Asia and the Caucasus for two decades - with measures of success.

Creating Financially Capable Communities at Home in DC and across the US

April 10, 2012
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Yesterday’s President’s Advisory Council on Financial Capability meeting sharpened the case for making financial capability building a top priority in the US.  Treasury Deputy Secretary Neal Wolin set the stage by stating that, “The economy is regaining momentum.  But we still have more work to do to repair the damage caused by the worst financial crisis in our lifetimes.”  A following panel disc

The Sidebar: The U.S. Budget and Community WiFi

April 6, 2012
The U.S. Budget and Community WiFi are topics for discussion this week, as host Pamela Chan is joined by Preston Rhea and Jason Peuquet.
Programs:

Land of Promise

April 17, 2012

From one of America’s leading intellectuals comes a sweeping and original work of economic history, recounting the epic story of America’s rise to become the world’s dominant economy.

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